What will $Rs. 500$ amount to in $10$ years after its deposit in a bank which pays an annual interest rate of $10\%$ compounded annually?

  • A
    $Rs. 500(1.1)^{10}$
  • B
    $Rs. 500(1.1)^{9}$
  • C
    $Rs. 500(1.1)^{11}$
  • D
    $Rs. 500(1.1)^{5}$

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